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Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 11.0%
- Listing ID: 272212
- Posted On: Sep 17, 2012
- Updated On: Mar 8, 2013
Description
Mobile Homes and CABINS plus RV parking and mobile home spaces with great rental history. Located on HWY 67 just outside Malvern AR. Laundry facility and managers housing on site along with maintanence building and an additional home. 9.37 acres with plenty of room for future development. Accounting and tax records available with offer and acceptance. Call me for more information.
Location
HWY 67 JUST OUTSIDE OF MALVERN
Amenities
- Laundromat
- Storage
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Park Information
| Community Type: | All Age |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $109,000 |
| Operating Expense: | $45,000 |
| Net Operating Income: | $64,000 |
| Expense Ratio: | 41.3 % |
Lot Information
| Singlewide Lots: | 8 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 16 |
| Average RV Lot Rent: | $275 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 6 |
| Average Rent for Park-owned Homes: | $425 |